The reality is section 8 tenants are dominated by single mothers with 1 to 5 kids at least that was my experience and when you have kids from babies to teens and everything in between your houses are going to take a beating..

I am on the board of the RPA (Rental Property Association of Wisconsin, a non-profit) and typically hear if things like this are an issue from our members or attorneys.

Or if you need to hire a kid to stand out in front of their office warning their clients that they’re losing tax forms and not telling people. 

It has two bathrooms, full kitchen, and open area and seven rooms that could be used as offices or I guess it could be a boarding house too lol.

With absolutely no prior experience investing in real estate, I'm getting to the point/age where retirement from corporate America is getting closer and closer, however I still have 2 kids to put through college over the next 2-6 years.

I think that it is a good long term investment with some serious upside, but don't kid yourself - your car (or your tenant's car) will likely get broken into at some point.

I love talking about this stuff so much that my kids complain about it constantly, so I thought helping other people understand some of the general contours of the industry from a legal perspective would be a better outlet than lecturing teenagers for a fourth time about what a defeasance is!

With Valdosta being a town full of college kids and military families, the busiest time for U-Haul will be around December and May.

Hi Chani, These fees seem a bit high to me, specifically the leasing fee, on-boarding fee, Multiple quotes requests, HVAC filter supply, early termination fee, vacant property termination fee, and transfer to another manager fee. 

But he did take a loss that set his family back quite a bit, caused a lot of stress in his marriage, prevented them from being able to buy the new home his wife wanted with the right number of bedrooms for his kids, set him back years in saving for retirement and buying investment properties that could have made him money instead of losing money, etc.